NPA in Deep Over $100 Million Loan

by odiyya | November 7, 2008 at 03:06 pm

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NPA in Deep Over $100 Million Loan

The NPA may be in deep over the Olympic Village. A Global News story implicates the former president of Ladner's NPA party, Paul Barbeau, with Armeco, the group who owns the Millenium Development Corp - developers of the Olympic Village and a potential recipients of the city's $100 million loan.

To quote:

"Millenium is the development arm of the Armeco Group. The NPA council picked Armeco's Millenium for the massive (Olympic Village) deal, and Paul Barbeau was the President of the NPA and the President of Armeco Construction Limited in the years prior to the award."

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November 7, 2008 at 03:06 pm by odiyya, 129 views, add comment

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